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Equity Incentive Plan (Tables)
12 Months Ended
Dec. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Activity of Stock Options The following table summarizes the activity of the Company’s stock options:

 

 

 

Stock Options Outstanding

 

 

 

Shares
(in thousands)

 

 

Weighted Average
Exercise Price
Per Share

 

 

Weighted Average Remaining Contractual Term

 

Aggregate
Intrinsic Value
($ in thousands)

 

Balance at December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

720

 

 

$

12.56

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(106

)

 

$

12.56

 

 

 

 

 

 

Balance at December 31, 2020

 

 

614

 

 

$

12.56

 

 

 

 

 

 

Granted

 

 

731

 

 

$

13.95

 

 

 

 

 

 

Exercised

 

 

(12

)

 

$

12.62

 

 

 

 

$

36

 

Forfeited

 

 

(170

)

 

$

14.29

 

 

 

 

 

 

Balance at December 31, 2021

 

 

1,163

 

 

$

13.18

 

 

8.7 years

 

$

2,636

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31, 2021

 

 

141

 

 

$

12.55

 

 

8.2 years

 

$

407

 

Unvested and expected to vest at December 31, 2021

 

 

1,022

 

 

$

13.26

 

 

8.8 years

 

$

2,229

 

 

Schedule of Components of Stock Based Compensation Expense

The following details the components of stock-based compensation for the respective periods:

 

 

 

For the Year Ended December 31,

 

($ in thousands)

 

2021

 

 

2020

 

 

2019

 

Operating expenses

 

$

815

 

 

$

837

 

 

$

819

 

Selling, general and administrative expenses

 

 

12,969

 

 

 

11,752

 

 

 

9,193

 

Total stock-based compensation expense

 

$

13,784

 

 

$

12,589

 

 

$

10,012

 

 

RSUs and PSUs  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Activity of RSUs and PSUs

The following table summarizes the activity of the Company’s RSUs and PSUs:

 

 

 

RSUs

 

 

PSUs

 

 

 

Shares
(in thousands)

 

 

Weighted Average
Grant Date
Fair Value

 

 

Shares
(in thousands)

 

 

Weighted Average
Grant Date
Fair Value

 

Balance at December 31, 2018

 

 

4,437

 

 

$

10.13

 

 

 

 

 

$

 

Granted

 

 

400

 

 

$

11.32

 

 

 

 

 

$

 

Vested

 

 

(953

)

 

$

10.13

 

 

 

 

 

$

 

Forfeited

 

 

(880

)

 

$

10.17

 

 

 

 

 

$

 

Balance at December 31, 2019

 

 

3,004

 

 

$

10.28

 

 

 

 

 

$

 

Granted

 

 

576

 

 

$

12.12

 

 

 

116

 

 

$

13.88

 

Vested

 

 

(986

)

 

$

10.35

 

 

 

 

 

$

 

Forfeited

 

 

(391

)

 

$

10.74

 

 

 

(10

)

 

$

13.88

 

Balance at December 31, 2020

 

 

2,203

 

 

$

10.64

 

 

 

106

 

 

$

13.88

 

Granted

 

 

736

 

 

$

14.12

 

 

 

154

 

 

$

16.28

 

Vested

 

 

(1,018

)

 

$

10.41

 

 

 

 

 

$

 

Forfeited

 

 

(229

)

 

$

13.40

 

 

 

(31

)

 

$

16.97

 

Balance at December 31, 2021

 

 

1,692

 

 

$

11.92

 

 

 

229

 

 

$

15.07